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About 14 results for "kal airways"

Er, who owns SpiceJet?

Er, who owns SpiceJet?

Kalanithi Maran claims deal with Ajay Singh is dead; SpiceJet spokesperson says Maran's claims are baseless and false KAL Airways Pvt Ltd and Kalanithi Maran, former promoters of low-cost carrier SpiceJet, have said their share purchase agreement (SPA) executed two years ago with Ajay Singh, now chairman of the airline, to sell Spicejet for Rs 2, has become void. The reason, they said, was the airline's failure to allot the agreed 23 per cent of fully diluted equity capital. The erstwhile ..., 1 month ago
SC asks SpiceJet to pay Kalanithi Maran Rs 579 cr The Financial Chronicle, 3 weeks ago

Ajay Singh took over SpiceJet for just Rs.2

Never before in India’s M&A history has a listed company been sold for less than Rs 5, the deal closed in 15 days and the acquirer exempted from the mandatory open offer to public shareholders. This was the luck that backed Ajay Singh’s (in pic) ...
 The Financial Chronicle1 month ago

HC dismisses SpiceJet appeal in share transfer row with Kalanithi Maran

The Delhi High Court on Monday dismissed budget carrier Spicejet and its co-founder Ajay Singh's appeals against a earlier single judge order asking the company to pay Rs 579 crore to Kalanithi Maran and his KAL Airways as interim relief in a share transfer ...
 Business Standard1 month ago HC dismisses SpiceJet plea in share transfer row with Maran  catchnews.com1 month ago HC order tomorrow on SpiceJet-Maran share transfer row  Business Standard1 month ago

Delhi HC asks SpiceJet to pay Rs. 250 crore to previous owner

The Delhi High Court on Monday dismissed SpiceJet's plea against a single judge order which had directed it to deposit Rs. 579 crore in connection with a share transfer dispute with previous owner Kalanithi Maran.The court has ordered that Rs. 250 crore be ...
 Business Standard1 month ago

Bloomberg crowns SpiceJet world's top performing aviation stock

SpiceJet , which has risen by 124% in 2017, has been ranked the world's top performing stock by Bloomberg . The news agency reported - "None of the analysts covering SpiceJet recommends selling the stock, according to Bloomberg data. HDFC Securities Ltd., the ...
 Sify1 month ago
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